The Global Green Growth Forum (3GF), initiated and hosted by the Danish government, positions public-private partnership on the international agenda for green growth.

“3GF offers a space for world economic leaders to challenge conventional thinking and find new green avenues to growth. Jointly we can promote the bold decisions which will make all of us winners of tomorrow's green industrial revolution,” says newly elected Danish Prime Minister Helle Thorning-Schmidt.

In his keynote speech Secretary-General Ban Ki-moon stressed the importance of public-private collaboration, “The green growth agenda can help drive the advancement of sustainable development for the twenty-first century. It is good business – good politics – and good for society.”

This point was further emphasized by Danish Minister for Foreign Affairs, Villy Søvndal, “The transition to a green economy will not happen without strong determination on our part. And most importantly, it will not be possible unless governments and the private sector go hand in hand”.

Energy, transport, trade and finance, key elements of a green industrial revolution, were the focus of the two days. Concrete public-private partnerships were brought to the table, explored and advanced with participants committing to translate insights gained into their own activities going forward. Specific public-private actions were scoped or launched during the Forum in the following areas:

Sustainable biofuels for civil aviation

Green international trade

Global green public procurement

Energy efficiency and renewable energy

Several initiatives will be progressed in international policy processes going forward, including those in energy efficiency, renewable energy and finance leading to the next Clean Energy Ministerial (CEM) in London, April 2012. The founding government partners, Denmark, Korea and Mexico, committed to support public-private interaction in the next G20 summit hosted by Mexico, and Rio+20 in Brazil.

3GF has been developed in association with the Global Green Growth Institute and was formed as a public-private partnership with a number of businesses and international organizations. Progress of 3GF initiatives discussed and advanced this year will be revisited next year, when the second Global Green Forum will be held in Denmark on 9-10 October 2012.

CHAIRMAN’S SUMMARY BY THE GOVERNMENTS OF DENMARK, SOUTH KOREA AND MEXICO OCTOBER 11 – 12, 2011

We - the governments of Denmark, South Korea and Mexico - are united in our belief that a rapid large scale industrial transition is needed, if we are to achieve a trajectory for global economic growth, whereby we reach the limit agreed in Cancun of a 2 degree Celsius increase. A pathway to green growth that both explores the potential for economic development and job creation, while at the same time lowering global carbon emissions, promoting sustainable use of natural resources, and realizing co-benefits of climate change response is both possible and warranted.

The first Global Green Growth Forum, convened in Copenhagen, Denmark, is held at an important time: Key policy makers and business leaders, from around the world are rightly concerned with the immediate challenges in financial markets and across the global economy. Founding partners and participants in the Forum recognise that a new global green growth paradigm must emerge from the crisis – a return to business as usual is not a viable pathway to secure sustainable long-term growth.

The transformation is already creating a large and growing global market for technology and solutions valued at USD 500 billion. We realize that the potential opportunity for expanding this market and scaling up business for green solutions, new and innovative technologies is enormous. Green growth requires the effective mobilisation of financial, technological and human capital at local, national and international levels, at a historically unprecedented pace and scale. In addition parallel efforts at national level in building capabilities to ensure that green growth goals can be defined and realized are needed.

We agree that the needed green transition is global in scale and will take place in a wide range of sectors of crucial importance to all countries. These include energy production and consumption, transport, water, agriculture, industry production processes, housing etc. While the transition should be accelerated within each sector, the synergy of bringing the discussion of the sectors together, coupled with the cross-cutting perspectives on trade, finance and technology transfer serves as a catalyst for the transition.

At a time when both traditional forms of international co-operation between governments and national approaches to industrial and economic planning in many countries are failing to deliver much needed policy coherence to underpin long term growth and development, which is necessary to secure environmental and social sustainability , we are actively catalysing new forms of collaboration between governments and business that are needed to effectively align policy signals, effective regulatory interventions and removal of key barriers with investment and market potential for green growth. Through this innovative collaboration, we are aiming at filling a gap in the current international architecture, which existing structures, institutions and processes are currently not mandated or equipped to address, while at the same time, we would be mindful of existing efforts and would be seeking to complement these.

At the first Global Green Growth Forum, developed in association with the Global Green Growth Institute, discussions over two days centered on concrete and emerging public-private initiatives with a focus on energy, transport, trade and financing. Furthermore, green growth was debated with a view to the enabling environment, national and international action as well as collaborative action going forward.

Key points made at the Forum:

Participants recognized the need for green growth policies, fiscal and regulatory settings that establish and maintain stable macroeconomic enabling environments, encourage greener behavior by the public sector, companies and consumers, facilitate smooth and equitable creation of jobs, capital and technology and provide appropriate incentives and support to green innovation.

The Forum stressed that open markets and harmonised standards are essential in order to secure the global development and dissemination of cost effective solutions that support diffusion of green technologies, reduce costs by enabling scaling up of production, encourage competition and enable consumers globally to purchase green technologies at world market price. In the absence of a global price on CO2 this is even more important.

In this context international cooperation is more necessary than ever in order to improve the potential market value of green products and the potential return of green investments. This includes the fulfilment of the WTO agreements and an early conclusion of the Doha round of trade negotiations, fair and equal access to markets, removal of trade and non-trade barriers, and prevention of green protectionism as well as levelling the playing field for green solutions.

To this end, the Forum also urged governments to intensify the work towards creating international standards in a number of clean energy technology areas, or, if possible and necessary, work with the business communities in relevant areas to develop and promote specific standardization agreements. The work could be focused on selected areas where the market potential and the cost reduction potential of standardized products are the largest.

Participants also underlined the need for a clear regulatory environment that promotes the internalisation of environmental externalities, among others through the economic valuation of natural resources. Such pricing could help businesses and investors to take the long term sustainability costs of business decisions related to natural resources into account.

Participants underscored that energy efficiency in transport as well as promising and viable alternatives to fossil fuels like renewable electricity; sustainable biomass and hydrogen are being developed to scale through large investments. Participants also recognized a need for further maturing and testing of the technologies and developing global standards along the value chain of transport in order to fully unleash the business potential for sustainable transport and make new technologies cost-effective and competitive with fossil based alternatives.

Participants also stressed that financing of green growth will have to come from a wide range of sources, public and private, national and international. Special attention must be given to the link between public and private capital and the analysis and evaluation in a standardized way and at a global scale of risks related to large scale green investment projects. Unlocking private investments while providing political decision makers with flexibility is key. This could include new mechanisms to reduce and redistribute the costs, risks and benefits and risks connected to large investment projects in renewables, infrastructure and energy efficiency.

The way ahead:

We – the Governments of Denmark, South Korea and Mexico - reconfirm our readiness to take this Chairman’s Summary as well as conclusions and recommendations emerging from the discussed initiatives forward to other high-level political processes and fora such as the UNFCCC COP17 in Durban, South Africa, the Clean Energy Ministerial 2012 in London, Rio+20 in Brazil and the G20. We urge partners and participants at the Forum to do the same. We pledge to continue our collaborative efforts and act together to generate strong, sustainable and balanced green growth.

We recognise that catalysing green growth requires deep investment in long term change and we are confident that the Forum is positioned to provide a robust, dynamic platform for that purpose, ensuring continuity through its on-going engagement with active partnerships for change and its formative relationships with other key global initiatives and processes.

We urge other governments and corporations to join our effort to construct a more conducive international enabling environment for green growth through the creation of effective cooperative initiatives, institutions and mechanisms such as those discussed in our Forum. We encourage policymakers and business leaders around the world to support, replicate and scale these initiatives and others like them, as they represent the building blocks to achieve a new architecture of international economic and environmental cooperation able to complement national policy frameworks and international treaties by helping to accelerate their implementation and magnify their impact on market behavior.

Today, participants in the Global Green Growth Forum discussed the following areas for specific public-private action:

Energy Efficiency

Renewable Energy

Test Markets for Electric Vehicles

Fuel for Transport

Sustainable Biofuels for Aviation

Public Procurement

Water Resources

Financing for Green Growth

We will revisit these initiatives and progress in achieving their aims and targets at Global Green Growth Forum 2012, which will be held in Denmark on 9-10 October 2012.

NEWS STORY - OCTOBER 11, 2011

Denmark and UN ready to work with business, governments and financiers to deliver global green growth

October 11, 2011, Copenhagen, Denmark – Today saw the launch of the Global Green Growth Forum with the new Danish Prime Minister, the UN Secretary General, Ministers from Kenya, Ethiopia, Mexico, South Korea, South Africa, and Turkey, and 200 companies.

The opening session of the conference had the new Prime Minister of Denmark, Helle Thorning-Schmidt speak about the need to develop new ways of making progress and the need for a platform to develop new public-private partnerships.

“We need change. We need innovation. We need renewed cooperation, across nations and across public and private sectors”.

The Danish Prime Minister / Helle Thorning-Schmidt

UN Secretary-General Ban Ki-Moon opened the inaugural Global Green Growth Forum with a focus on public private partnerships and recommending 3GF as a great platform for this to take place.

“The United nations is ready to work with governments, businesses and investors to spur green growth”.

UN Secretary General / Ban Ki-Moon

After the opening speeches, delegates were invited to participate in workshop sessions covering renewable energy, energy efficiency, finance, and clean transportation for global green growth. With a view to innovate the international architecture for green growth, outcomes from the Forum will be fed into high-level political processes, negotiations and forums worldwide: G20, UNFCCC COP17, Clean Energy Ministerial, Rio+20 and the annual World Climate Summit, 3-4 December 2011.

The conference will continue tomorrow with Christiana Figueres, UNFCCC Secretary General, and many other distinguished speakers. A press conference will close the inaugural 3GF at 16.15.

Speech by HRH The Crown Prince at Global Green Growth Forum in Copenhagen

October 11, 2011

Your Excellencies, Ministers, Ladies and Gentlemen,

Welcome to Copenhagen and welcome to the Global Green Growth Forum. I am extremely pleased and deeply honored to open this historic event. A lot of skill and hard work has gone into making today’s meeting possible, and the impressive number of heads of governments, ministers and high-level participants present here today is a clear reflection of the fact that the Global Green Growth Forum (in short: 3GF) holds enormous promise for the world at large.

We must now acknowledge that the continued economic growth created by the industrialists, businessmen and craftsmen of the past is no longer automatically sustainable.

Climate changes, scarce resources and a world population that continues to grow, makes it unsustainable to continue business as usual. In fact, according to the UN, world citizen number 7 billion will be born in China two months from now, and by the year 2050 we will be more than 9 billion people in the world.

As a consequence, we need to work towards independence from fossil fuels, because they will eventually run out. But reducing our dependence on oil, gas and coal, requires us to develop an extensive framework for the use of alternative energy sources.

To achieve this goal the public and the private sectors must join forces to promote these alternatives. With the latest technologies at hand, it is up to the governments and businesses to convert research and development into sustainable solutions.

With the Global Green Growth Forum Mexico, South Korea and Denmark have come together and teamed up with an extensive network of business partners and international organisations. Our common objective is to create the grounds for multiple partnerships that are capable of seizing the growth potential of a green economy.

Gathering the skills of the business community, the ambitions of civil society, the knowledge of the research community and the abilities of governments, we can find effective solutions and acquire the necessary ideas for a joint action on green growth.

Here in Moltkes Palace all that remains of the original construction are the cellar vaults.

Now, we need to make sure that the cellar vaults upon which human civilisation is constructed – are maintained and preserved for future generations. We can only do this if we forge a new industrial revolution leading to a greener economy.

Ladies and Gentlemen - it fills me with great pride and with a strong hope for the future to open this inaugural meeting of the Global Green Growth Forum. May your days in Copenhagen be productive and may we all in due course come to remember this event as a key turning point towards a greener and more sustainable future.

The Global Green Growth Forum seeks to develop new ways of making progress on some of the most critical challenges facing our world today. I am proud that Denmark is hosting this important event.

Eight days ago, my government assumed office. We have put green growth at the very top of our priorities. But we also know that our current path will not take us there. We need change. We need innovation. We need renewed cooperation, across nations and across public and private sectors.

That is why Denmark has launched this forum. It is my ambition that 3GF will become an important part of a new international architecture to address what the UN Secretary General rightly has called the imperative of the 21st century: Ensuring sustainable development.

We must save our planet in the face of scarce resources. We must lift people out of poverty. We must advance economic growth.

I would like to thank each and every one of you for attending this meeting. I would also like to warmly thank our partners in this initiative. 3GF is a truly joint effort with the Governments of Mexico and Korea as well as important actors from the private sector, international organizations and elsewhere.

Thanks to all of you for this partnership.

***

To effectively drive the green revolution – and I call it a green revolution - we need to make progress in three areas:

Firstly, the green transition requires international leadership:

The United Nations must be the overarching framework for our efforts. Achieving progress in the global negotiations, particularly on a climate change deal, will be an important priority of this government as well.

We will work for a successful outcome at the COP17 later this year. And of course we will work for an ambitious outcome in Rio next summer. And the green agenda will of course also be a priority when Denmark takes over the EU Presidency next year.

Secondly, each nation has a responsibility to move the green transition forward at home:

This country, Denmark, has a long-standing tradition in energy efficiency and green solutions. My government will raise the bar even further. We will set the ambitious goal that our entire electricity and heat supply must come from sustainable energy in 2035.

Setting this clear and long-term target is a crucial precondition for action.

Why?

Because long-term targets tell our power plants that they can safely focus on green energy. Because long-term targets tell the director of a wind turbine company that it is safe to invest in new markets. And because long-term targets tell families that it is worth their while to buy energy-saving windows or an electric car.

But we also need to understand that the green development will not come by itself. Let me be extremely clear about this: We must be prepared to make tough decisions. This is not a simple win-win proposition. Some parts of our society will be affected negatively by the steps we need to take to reach these objectives. We need to make this very clear.

A green development requires substantial investments in tomorrow’s green technologies and solutions – this will not be without costs in the short run. But I firmly believe that in the long run inaction will be even more costly to all of us. So no action will cost us.

Thirdly, governments need to drive the green transition in much closer partnership with the private sector:

We have heard the green words before. The task now is to translate green words into green action.

We need to work with our industries and businesses to find smart solutions, develop intelligent regulatory frameworks and set priorities in research and development.

In short, close public-private partnership is critical to achieving our goals. Let me provide a few examples:

In Denmark we have a test centre for wind turbines in Østerild. This is a case where the government, in cooperation with the wind turbine industry and the research community, has actually created a world-class test center. We need more of that.

Another example is a new alliance between Danish Pension Funds and Danish energy companies which provides capital for the necessary investments in future renewable energy. This has helped create an off-shore wind farm that covers 400.000 households’ consumption of electricity. Another good example of private-public partnership.

And on a Danish island in the Baltic Sea – Bornholm – a full scale project is being developed to establish a smart grid, building on renewables. Through this project, more than 50 percent of the power system is covered by renewables. That is surely the way forward!

But we also need to be active abroad. And this country, Denmark, is active abroad. In Malaysia, Clean Development Mechanism-programmes have helped initiate more than 30 biogas-projects in less than 6 years. And in Bangladesh, the World Bank, local entrepreneurs and the Danish Government have helped establish new energy efficient brick producing factories – a project that both helps reduce emissions and sets new standards for working conditions, health and safety.

All over the world the key to green growth lies in cooperation and innovative thinking.

***

To truly realize the potential for green growth, we must make these partnerships beyond individual countries and beyond regions. There are plenty of businesses, investors, innovators and researchers around the world ready to be part of the green transition. But what we need to do is to bring them together around the same table, along with the regulators and decision-makers.

The Global Green Growth Forum offers just that: A platform for developing such international public-partnerships. We want to promote a frank and confidential dialogue between business leaders, investors and policy makers on green growth and on everything that this entails.

I challenge you to spend these two days finding concrete answers and solutions to the problems and barriers to progress in our field. My pledge to you is that the Danish Government, along with our partners, will work tirelessly to ensure that the ideas and recommendations from 3GF are carried forward: in the United Nations, in the G20 and elsewhere.

And also we know that we’ll meet again. And we even know where and when. I am happy to announce that the next Global Green Growth Forum will take place the same time next year.

I wish you all a fruitful and productive conversation over the coming days!

Guiding the world toward green growth, however, will lead to substantial gains and benefit the majority of humanity and our shared planet.

This Forum should be a chance for thoughtful reflection – and also determined action.

Make plans. Form alliances. Commit to engagement long after we leave Copenhagen.

Together, we can generate a clean energy transformation, set the world on course for low-carbon growth, and create conditions for a truly sustainable future.

That is why I have made sustainable development my top priority.

The green growth agenda can help drive the advancement of sustainable development for the twenty-first century. It is good business – good politics – and good for society.

The sustainable development agenda provides a compelling model for generating prosperity on a planet under multiple pressures: climate change, species loss, desertification and pollution.

At Rio, our vision must be clear: we need to move quickly toward a sustainable economy that is equitable and inclusive.

Excellencies,

Ladies and gentlemen,

The late Wangari Maathai had many titles in her life, including Member of Parliament, Nobel Laureate and United Nations Messenger of Peace.

Wangari Maathai understood green growth from the perspective of the world’s poor.

She said, “Poor people will cut the last tree to cook the last meal. The more you degrade the environment, the more you dig deeper into poverty.”

The global movement for sustainable development is about more than economic growth and environmental protection. It is about providing a life of dignity for all people, so that instead of digging deeper into poverty, they can build toward greater levels of prosperity.

The new Prime Minister of Denmark, Helle Thorning-Schmidt, is leading a new initiative called the Global Green Growth Forum (3GF) convening 200 world leaders from business, finance and government to spur the global economy in a green and prosperous way.UN Secretary-General Ban Ki-Moon will open the inaugural Global Green Growth Forum at Moltkes Palæ in Copenhagen, 11-12 October. It will focus on key areas of energy and transport, cutting across the pertinent themes of finance, regulatory frameworks and international markets. Global Green Growth Forum is an initiative of the Danish Government in partnership with the Governments of the Republic of Korea and Mexico, and developed in association with the Global Green Growth Institute, based in South Korea.“3GF offers a space for world economic leaders to challenge conventional thinking and find new green avenues to growth. Green growth has to be at the core of a sustainabl strategy to get us out of the economic crisis. To advance this global agenda, Denmark as well as other countries actively engaged in the green transition must take the lead, in close partnership with visionary companies and investors. Together, we can foster thebold decisions necessary to make all of us winners of tomorrow's green industrialrevolution. This is our common responsibility”.The Danish Prime Minister / Helle Thorning-SchmidtHigh-level participants include: UN Secretary General, Ban Ki-Moon; EU Commissioner for Climate Action, Connie Hedegaard; UNFCCC Executive Secretary, Christiana Figueres; Prime Minister of Kenya, Raila Odinga; Prime Minister of Ethiopia, Meles Zenawi; Ministers from Mexico, South Korea, South Africa, Turkey; UNEP Executive Director, Achim Steiner; OECD Secretary-General Angel Gurría; Chairman of the Board, Nestlé, Peter Brabeck-Letmanthe.With a view to innovate the international architecture for green growth, outcomes from the Forum will be fed into high-level political processes, negotiations and forums worldwide: G20, UNFCCC COP17, Clean EnergyMinisterial, Rio+20 and the annual World Climate Summit, 3-4 December 2011.About the Global Green Growth Forum:The annual Global Green Growth Forum (3GF) is the high-level public-private partnership that bringstogether 200 invited global leaders from government, business, finance and civil society to collectively spurgreen growth and design the architecture for a green economy.The exclusive Forum, to be held annually in Denmark, will provide an interactive arena for industry and government leaders to develop ideas and opportunities for joint action and enable strategic and practicallearning across sectors, countries and projects at a national and international level. In addition, 3GF will both showcase and help catalyze public-private initiatives that accelerate green growth at scale as well asinstigate creative, solution-oriented, thinking and action on overcoming key barriers.The Forum is supported by a range of private and institutional partners including: ABB, BYD Group, Danfoss, General Electric, Hyundai Motors Company, McKinsey & Company, Novozymes, Samsung, Siemens,Vestas, Global Green Growth Institute, OECD, The International Energy Agency (IEA), UN Global Compact International Finance Corporation (IFC) and The Climate Policy Initiative.For more information on 3GF please contact the 3GF Secretariat on:+45 33 92 00 61 / 3gf@um.dk or visit www.globalgreengrowthforum.com

New high-profile participants confirmed for 3GF

1st October

New participants are continuously signing up for 3GF, all contributing to making 3GF a unique event that builds bridges between business, technology, capital and policy. Among our new participants to the Forum are: UN Secretary-General, Ban Ki-moon; Norway’s Minister of the Environment and International Development, Erik Solheim; CNTG Energies CEO, Eleanor Chan; African Centre for Economic Transformation Founder and President, K.Y. Amoaka and International Finance Corporation Vice President, Nena Stoiljkovic.

Poland and Denmark, as part of the EU trio presidency 2011-12, are working jointly to strengthen the green growth agenda and contribute to the global objective of sustainable development, in accordance with the trio presidency programme.

Parallel to 3GF in Copenhagen, Poland in its capacity of the Presidency of the European Union, is organizing on 11-12 October in Warsaw a conference “Sharing Green Economy Best Practices towards Rio+20”, which shall serve as a platform for high-level consultations between the EU and key selected countries to the process in the run-up to the Rio+20 conference in 2012. The two events address complementary perspectives of green growth, and the Polish EU presidency and the incoming Danish EU Presidency will work jointly to follow up on the mutually reinforcing messages from the events.

Danish elections in September, strong global focus on green growth on 3GF in October

15th September

Danish elections will be held today, 15 September and a new government is expected to take office well ahead of the Forum. However, the domestic political process in Denmark will have no influence on 3GF on 11-12 October. The Forum will keep a strong global focus on green growth across borders and involve participants from all continents.

3GF outcomes to be fed into the third meeting of the Clean Energy Ministerial

19th August 2011

3GF is coordinating with the Clean Energy Ministerial (CEM)* and the World Economic Forum to strengthen public-private collaboration on clean energy as an important component of green growth. Selected outcomes and recommendations from the 3GF sessions will flow into the third meeting of the CEM in London in April 2012, as well as its related initiatives, which will in turn help to inform the strategic focus of 3GF 2012.

Key recommendations for realizing long-term green growth established at 3GF will be fed into a variety of high-level political processes, negotiations and forums at national and international level, including the EU’s green growth agenda, UNFCCC COP 17, Rio +20, the G20.

*The CEM is a global forum that brings together clean energy leaders from economies representing more than 90 percent of global clean energy investment. Through high-level policy dialogue among energy ministers, working-level cooperation to drive progress across a variety of clean energy fields, and engagement with the private-sector, the CEM aims to accelerate the transition to clean energy technologies.

Denmark and Korea innovate the Global Green Growth Agenda

15th July in the daily newspaper Dong-a Ilbo

‘Green growth’ is emerging as a panacea to some of today’s most serious global challenges. The required technological solutions exist. The necessary finances are available. Experts have analyzed the challenges and made dozens of recommendations to policy makers. Yet, the transition to a green economy currently lacks the required speed and pace to trigger a new industrial growth adventure. What’s the missing link?

It is overwhelmingly evident that the world’s current economic growth model is no longer sustainable. At the same time, the transition to a green economy is part of the answer to some of the world's most pressing challenges: depletion of natural resources, economic crisis, world global poverty and climate change. If handled intelligently, this transition – often referred to as the green industrial revolution - can by itself propel a new wave of economic growth, paralleling the IT-revolution, and secure long-term economic growth, including development in emerging economies and developing countries while mitigating the risks of climate change.

However, neither market forces nor international policies can be relied on to push for this transition by themselves. Markets will eventually react to global resource scarcities. But by then, detrimental climate changes will be a reality and the foundation for future growth seriously undermined. The same problem of slow pace, unfortunately, seems increasingly to be true of the inter-governmental agreements

The international community needs to innovate the way it looks for solutions to global challenges. We already see examples of this in other areas; GAVI is one such very successful public-private collaboration that has ensured vaccines for millions of children worldwide. In the area of green growth, the space is also quickly being crowded with new public-private partnerships of different kinds. This is good news: The economy will not get any greener without innovations and substantial investments from the private sector. And only governments have the power and legitimacy to enforce binding rules to promote green growth at scale and speed. Creating an effective, dynamic relationship between public and private players is therefore key to advancing ambitious green growth.

Still, the question remains how to ensure that these public-private initiatives in the end amount to more than attempts to boil the sea from different angles.

Faced with this challenge, the Danish Government has together with the Korean Government launched a global public-private partnership for green growth, the Global Green Growth Forum (3GF). The idea behind this Forum is as simple as it is promising: Bringing all relevant parties together in order to intensify large-scale public-private action to accelerate the transition to a green economy. 3GF proposes to test a new international architecture for green growth. This takes the form of a concerted bottom-up approach to collaboration among businesses, experts and public institutions. The shared goal is green growth at scale and at speed.

Each year in Copenhagen, starting from 2011, 3GF convenes the leaders of established and emerging public-private partnerships clustered around different growth sectors within the green growth spectrum. We match them with other political and corporate leaders. And we do so with two purposes in mind: 1. To increase horizontal coordination, learning and inspiration among the initiatives, and 2. To strengthen the links to the processes of international policymaking and regulations’ setting in order to ensure that these processes are informed by those who better than anyone can point to the specific barriers for green growth and how to overcome them. While creating this framework, 3GF thereby also aspires to help policy breakthroughs in more traditional international forums for negotiation such as G20, Rio+20, the COP-process etc.

As public and private partners intersect in their varied interests in green growth new opportunities and ways of collaborating can be outlined. The potential benefits are legion. Should the Korean and Danish Government have found the right buttons to press in bringing business and governments together to identify not only the barriers but also the solutions, a renewed momentum to the green transition could result. This could spur employment and bring overall economic growth and prosperity for ourselves and generations to come.

Green growth means fostering economic growth and development, while ensuring that natural assets continue to provide the resources and environmental services on which our well being relies (OECD)

Peter Lysholt Hansen

Ambassador of Denmark to the Republic of Korea and the Democratic People’s Republic of Korea

The Danish Government Presents Global Public-Private Partnership for Green Growth

12 May 2011

International partners behind the Global Green Growth Forum (3GF) met May 12th 2011 in Copenhagen for an initial discussion on how to ensure optimal conditions for the transition to a global green growth economy.

On May 12th 2011 in Copenhagen, Danish Prime Minister Lars Løkke Rasmussen hosted a high-level roundtable on green growth together with the President of the Republic of Korea H.E. Lee Myung-bak. The meeting constituted the establishment of a global public-private partnership behind Global Green Growth Forum (3GF).

3GF is an initiative by the Danish government, launched with the support of the Korean government and developed in association with the international Global Green Growth Institute. 3GF will hold annual high-level forums in Denmark for governments, global corporations, investors and experts in order to come up with solutions on how to reap the economic growth potential of the industrial transition to a green economy. The first Global Green Growth Forum will take place in Copenhagen on 11-12 October 2011.

Korea and Denmark join hands in Global Green Growth Initiative

Cancun, 8 December 2010

Today the Danish Minister for Climate and Energy, Dr. Lykke Friis, met with the representatives from the Korean government, including Minister of Environment Lee Maanee, Secretary to the President for Green Growth and Environment Kim Sang-hyup, and Ambassador for Climate Change Shin Yeon-sung, and vowed to join efforts in promoting global green growth.

Danish support for the Global Green Growth Institute

Speaking on behalf of the Danish government, Dr. Lykke Friis pledged Danish support to the Global Green Growth Institute headquartered from Seoul. The Global Green Growth Institute, which was launched by President Lee Myung-bak during COP15 in Copenhagen, has been established to support the creation and diffusion of a new model of green growth that integrates objectives for poverty reduction, job opportunity creation, and social development, with objectives for environmental sustainability and climate and energy security. Part of the Danish support to GGGI will be focused on securing these goals via transition of the energy sectors in developing countries towards more renewable energy production and higher energy efficiency performance.

Since the poorest countries are the most vulnerable to climate change due to the lack of resources, the Danish Ministers for Development Cooperation and Climate and Energy have decided that the contribution will be targeting activities not least in this group of countries. A specific focus of the Danish funding, which is part of Denmark’s fast- start-financing to combat climate change, will be the energy and transportation sectors - areas of the economy which are directly related to climate change issues. The purpose is to facilitate developing countries’ transition to green growth through sharing best-practices within efficient and confirmable mitigation and adaptation plans. Beyond the financial contribution Danish ministries involved will also allocate in-house expertise to GGGI. Subject to final parliamentary approval, Denmark will provide 5 million USD a year through Danish development assistance and the Danish Climate Envelope for fast-start finance to the Global Green Growth Institute over a three year period.

Secretary Kim Sang-hyup warmly welcomed the decision of Denmark to support the Global Green Growth Institute as the first donor and announced that, in order to fully utilize the Danish competencies on emission reductions and energy efficiency, a regional office of the Institute will be established in Copenhagen.

Korean support to Danish government initiative on global green growth

Secretary Kim Sang-hyup also announced the Korean government’s commitment to develop a strategic partnership on green growth with the Danish government in its endeavour to create a leading international platform for dialogue and cooperation on this issue.

This new business and growth oriented initiative aims to bridge the gap between policy, capital, and business by bringing the main strategic global stakeholders together to collectively find viable solutions and produce actionable, relevant and tangible outcomes to accelerate the transition to a green global economy.

A part of this initiative consists of engaging main global enterprises and investors in partnerships, including businesses from Korea and Denmark to develop cutting edge analyses, policy proposals and possible solutions within sectors such as energy, transportation and water and agriculture.

Minister Lykke Friis sincerely welcomed Korea as a partner in the Danish government initiative launched jointly by the Ministers of Foreign Affairs, Economic and Business Affairs and Climate and Energy. She expressed hope that the green partnership between Denmark and Korea could be further expanded in the years to come

Representing the Global Green Growth Institute, Lord Nicholas Stern, Vice-Chair of the Board, emphasised that the Korean-Danish partnership will be a powerful message to other governments, both from the developed and developing world, beckoning them to join global green growth, which he referred to as the second industrial revolution.